Business Archives - Page 8 of 46

Nov

14

2025

Abia Breaks New Ground As First-Ever CNG Mother Station Is to Take Off at AIIP

Abia State, Business, Economy, Metro, News, PoliticsAbia State, Alex Otti, Nigeria, Onyeka Onwenu, Politics

Engr. Chinedu Onyeizu, development advocate and co-founder of the Abia Industrial Innovation Park (AIIP), has expressed profound joy over the latest breakthrough in Abia State’s quest for sustainable industrial transformation. He described the newly approved Compressed Natural Gas (CNG) Mother Station as “a decisive step toward repositioning Abia as an energy-secure, industrially competitive state.” Abia State has recorded a landmark achievement as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has formally granted the License to Construct (LTC) for the Lijie Gas Nigeria Limited CNG Mother Station, to be sited inside the Abia Industrial Innovation Park (AIIP), Ukwa West.…

Nov

11

2025

By Amos Oge Kalu

Nigeria Energy Leadership Summit: Onyeizu Leads Technical Panel on Midstream Gas Infrastructure Development

Abia State, Business, Economy, Metro, News, PoliticsAbia State, Economy, Metro, Nigeria, Politics

At the recently-concluded Nigeria Energy Leadership Summit, held at the Landmark Centre, Lagos, industry stakeholders and experts gathered to deliberate on strategies for advancing Nigeria’s energy sector, with particular focus on gas infrastructure, energy transition, and investment opportunities. Leading one of the key technical sessions, Engr. Chinedu Onyeizu chaired the panel on Midstream Gas Infrastructure Development in Nigeria, where he provided deep insights into the emerging opportunities within the sector. During his presentation, Engr. Onyeizu discussed the AIIP (Abia Industrial Innovation Park) model and its role as a bridge between Nigeria’s abundant natural gas reserves and the growing domestic and…

Nov

07

2025

By Amos Oge Kalu

Determination, Resilience Personified: Engr. Onyeizu’s Unwavering Commitment to Excellence

Abia State, Business, Economy, NewsAbia State, Economy, Onyeka Onwenu, Politics

https://youtu.be/X1dHwrEp4FE?si=6LIQ_BqmFnl0v_CS Today, as work continues speedily at the Ekeoha-Aba Shopping Centre, Engr. Chinedu Onyeizu stands tall as a symbol of resilience in action. His focus remains crystal clear: to deliver a project that will not only meet international standards but also serve as a source of pride for the people of Aba and Abia State at large. In every generation, there are individuals whose character and commitment stand as a beacon of what determination and resilience mean. Engr. Chinedu Onyeizu is one such individual, and a man defined by determination, resilience, and an unwavering focus on excellence. His journey reflects…

Nov

06

2025

By Amos Oge Kalu

Abia Open to Partnership With Chinese Government-Governor Otti

Abia State, Business, Economy, Metro, News, Opinion, PoliticsAbia State, Alex Otti, China, Metro, Opinion, Politics

Abia State Governor, Dr Alex Otti says that the state is open to partnership with the China Harbour Engineering Company Limited in the areas of infrastructure, Erosion Control, Dredging,Rail transportation, Seaport and other areas of interest. Governor Otti who stated this during a meeting with a delegation of the China Harbour Engineering Company Limited led by the managing Director Mr Jason Wang in his Office, said the government will partner the company in the development of the Azumiri Seaport project for which feasibility study is being concluded in addition to the Abia -maiduguri railway project. "There are a lot of…

Oct

30

2025

By Amos Oge Kalu

Fuel Price Increase Looms As Tinubu Approves 15% Import Tariff On Petrol, Diesel

Business, Economy, News, PoliticsBusiness, Economy, Nigeria, Seyi Tinubu

Fuel prices in Nigeria are expected to increase as President Bola Tinubu has approved a 15% import tariff on petrol and diesel, to take effect immediately. According to a government document obtained by THISDAY, the decision aims to protect local refineries, stabilise prices, and strengthen energy security under the administration’s Renewed Hope Agenda. While the tariff could push pump prices up by about ₦150 per litre, the report stated that the real impact may not exceed ₦100 per litre. The directive, copied to the Attorney General, FIRS Chairman, and NMDPRA Chief Executive, introduces a 15% ad-valorem duty on the Cost,…